Cryptocurrency analyst Ash Crypto (@AshCrypto) shared a weekly chart for XRP highlighting a distinct multi-monthly resistance area positioned roughly between $1.50 and $1.60. After months of price compression below this threshold, he indicated that a successful breakout will make reaching $2 a straightforward target.
The technical chart outlines a clear narrative. XRP climbed past $2 during a price surge in early 2026 before experiencing a steep sell-off through the first quarter. Following a bottom near $1 in August, the digital asset mounted a robust recovery heading toward the resistance barrier.
That upward movement stalled at the identical ceiling that has repeatedly turned the asset away throughout the year. XRP has since retreated to hover near $1.32.
$XRP has been stuck below this resistance for months.
Once it breaks, $2 will be easy. pic.twitter.com/4QIH8PSeW1
— Ash Crypto (@AshCrypto) October 23, 2026
What the Chart Shows
Three distinct cup patterns appear across different timeframes on the chart. Each pattern illustrates a phase of accumulation succeeded by an upward push, with the newest formation currently developing near the $1.32 price region.
The $1.50 to $1.60 resistance band has consistently acted as a barrier. While every test of this region has led to a rejection, the repeated attempts also point to consistent buying interest underneath the ceiling.
A verified breakout above $1.60 confirmed by a weekly close would eliminate the primary hurdle standing between current valuations and the $2 mark. Although the September rally pushed XRP above this threshold, it failed to maintain the momentum. Ash Crypto’s evaluation identifies that scenario as the catalyst for the subsequent significant price movement.
Community Reactions
The publication generated diverse feedback, with several users challenging the optimistic perspective. One user disputed the timeline altogether, contending that XRP’s underperformance spans years rather than months and mentioning acquaintances who are currently liquidating their holdings.
Conversely, another participant adopted a technical stance, concurring that XRP will rapidly advance to $2 once the resistance barrier gives way. Meanwhile, a different commenter inquired about what constitutes proper confirmation, questioning whether a daily close past the level suffices or if further validation is required.
The Level to Watch
The $1.50 to $1.60 corridor remains the critical zone to monitor, with XRP presently changing hands at $1.3212. Underlying chart patterns point to ongoing accumulation. A decisive weekly close above the resistance line would profoundly alter the technical outlook and clear a direct route toward $2.